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Former two-year-old champ retiredHorseracing Betting Lines09/07/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Every year following the running of the Breeders' Cup Juvenile the winner of the race is automatically declared the early favorite for the next year's Kentucky Derby. Street Sense is the only thoroughbred to win both races. I bring this up because it has been announced that 2008 Juvenile winner and two-year-old champion male Midshipman has been retired from competition. Who knew he was still in training? Midshipman never made it to the Run for the Roses in 2009. That race is best known as being won by 50-1 longshot Mine That Bird who was last to Midshipman in the 2008 Juvenile. "Midshipman defeated the best of his generation," Oliver Tait, Darley Stable's Chief Operating Officer, said, "while proving himself on both dirt and synthetic surfaces. We couldn't be more excited to have a champion two-year- old with his kind of looks and pedigree joining our roster in 2011." As a two-year-old Midshipman won three of four starts, with a second, for $1,380,200. Along with the Juvenile he won the Del Mar Futurity in 2008 and was second to Street Hero in the Norfolk Stakes at Santa Anita. Midshipman's biggest race in 2009 was the Breeders' Cup Dirt Mile at Santa Anita. He was beaten less than a length to finish third to Furthest Land. The colt finishes his racing career with five wins in eight starts for more than $1.5 million. The downfall for Midshipman might have been his time in Dubai after his Juvenile victory. He didn't have a start during his time overseas and never recaptured whatever magic he may have had. This year as a four-year-old the colt won his lone start, an allowance race in Dubai. Horses come and go. Some capture the imagination like Secretariat or more recently Smarty Jones. Others are merely good horses who either don't develop or aren't allowed to progress. Smarty Jones was honored on Labor Day at Parx Racing, formerly Philadelphia Park. The track has a new stakes race named for the 2004 Kentucky Derby and Preakness Stakes winner and a statue of him was unveiled. Parx Racing honored Smarty Jones because he is the only Kentucky Derby winner who was ever based at the suburban Philadelphia track. His owners and trainer brought him back home before the 2004 Belmont Stakes. Even though that race didn't end with the Pennsylvania-bred sweeping the Triple Crown, he became an instant legend around Philadelphia. Midshipman has been retired. Best of luck in his new career. Who knew he was still in training?
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Sportsbooks to bet on footballRecently I had an email debate with an angry reader who said I did not understand "the science of oddsmaking", as he called it. He said I was wrong for suggesting oddsmakers care about who wins or loses games. "Oddsmakers only care about splitting the betting public 50/50 on both sides of the line and keeping the commission (a.k.a. juice)," he wrote. He might have been right about not understanding "the science of oddsmaking". After all, I'm not an oddsmaker. That said, I stick to my assertion that oddsmakers (a.k.a. sportbooks) often do care about who wins games. Granted, as a general rule, sportsbooks try to balance their action so that they're not exposed to big losses. However, there are times when this is difficult to pull off, regardless of how much a line has moved. There are also times when that general rule is ignored and a book pursues risk. Generally speaking, it's safe to say the books in Vegas are risk-adverse. Unlike in the past when the wise guys ruled the town, Vegas is now corporate and the goal of most casinos is to make as much money as possible with as little risk as possible. Thus, Vegas sportsbooks try everything in their power to balance the action. They're satisfied simply collecting the juice. But these profits are small, especially compared to the take from other casino games, namely slot machines. Because the profits at Vegas sportsbooks are so small, you could argue that many casinos operate sportsbooks simply as a novelty to keep the tourists happy. With a growing aversion to risk, it should come as no surprise that Vegas bookmakers have been panicking this NFL season. Despite huge pointspreads, a disproportionate percentage of bettors are still laying their money on favorites like the Eagles, Colts, Pats and Vikings rather than the dogs (a common trend for the largely recreational bettors that visit Vegas). And much to the dismay of the books, those favorites are finding ways to cover the thick chalk. In fact, prior to Week 7, the four teams listed above are a combined 16-2-2 (88 percent) against the spread. (The tables turned dramatically in Week 7, but more on that later.) The result has been an early-season beating for the books, and a bonanza for bettors. While Vegas increasingly hates risk, it's no longer a major player in the sports betting world. Most of the betting action now takes place offshore where sportsbooks are not as obsessed about balance. In fact, some books encourage exposure to risk because the rewards can be so much bigger. Consider MySportsbook.com. On its website, the book has odds pages which actually display the amount of action it's getting on games. In other words, you can see how much action the book is taking on both sides of a pointspread, moneyline or over/under. One look at these numbers and it's obvious MySportsbook.com does not balance every game. In fact, far from it. Take last weekend's matchup between St. Louis and Miami. By game time on Sunday, 83 percent of the betting action at MySportsbook.com was on the Rams; only 17 percent was on Miami. What's interesting is that MySportsbook.com opened the pointspread with Miami at +6 1/2. By game time, the spread had lowered to +5. That goes contrary to the balancing theory. If MySportsbook.com had wanted to balance the action, it would have given Miami more points; instead, it took away 1 1/2. World Series odds are now up as well. MySportsbook.com exposed itself to even more to risk, and rolled the dice on the underdog Dolphins. Why? I contacted a representative with the book to find out. His answer was simple. "The line moved early based on 'smart money' from sharp players," said Jeff Gilroy, a spokesperson for the book. "We also knew from early in the week that we would need Miami, therefore (we dropped) the spread to encourage Rams money. "At the end of the day, we liked the home team." So the conclusion is this: MySportsbook.com respected the sharp action, and gambled that the sharp bettors had a better take on the game than the recreational bettors, who were hammering the visiting Rams. In the end, the gamble paid off. Miami, desperate for a win in front of its home fans, pounded the overrated Rams, who are terrible on the road and even worse on grass. Final score: 31-14 Fish. MySportsbook.com was also heavily exposed on numerous favorites in Week 7, including Philadelphia, Seattle and Denver. All three failed to cover. The fact that sportsbooks are exposed to risk on certain games is really nothing new. The fact, that Sportsbook.com is willing to show the public where it's exposed is intriguing. Armed with this type of information, bettors can make more educated wagers. They can get an idea where the sharp money is going and conversely where the public money is headed. MySportsbook.com is opening up its cashbox, letting bettors look inside and challenging them to take their best shot at grabbing the cash. To visit this online football betting got to MySportsbook.com for all your football betting odds needs. Mysportsbook.com online sportsbook accepts Visa and Mastercard credit cards. Huskers' Lucky hospitalized for undisclosed reason LINCOLN, Neb. -- Nebraska running back Marlon Lucky was hospitalized Monday for undisclosed reasons after Lincoln police responded to a call at his residence. The Nebraska athletic department said in a release Monday that Lucky was admitted Sunday night. MySportsbook.com has the Cornhuskers listed at +2500 to win the BCS National Championship odds. A nursing supervisor at the hospital said all questions about Lucky were being referred to the athletic department. The athletic department said there would be no further comment from the department or Lucky's family. A Lincoln Police spokesman said officers responded to a call at Lucky's residence 11:30 p.m. Sunday. The spokesman said he didn't know Lucky's condition at the time he was taken to the hospital. Lucky, from North Hollywood, Calif., started six games last season as a sophomore and was the team's second-leading rusher, with 728 yards and six touchdowns. He also caught 32 passes for 383 yards. He averaged 19.1 yards on eight kickoff returns. To visit this online sportsbook got to MySportsbook.com - this sportsbook accepts credit cards. |
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